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Decentralized Democracy

House Hansard - 50

44th Parl. 1st Sess.
March 31, 2022 10:00AM
  • Mar/31/22 2:32:27 p.m.
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Mr. Speaker, let us recall a bit of history. Canada entered this crisis in a strong fiscal position, allowing the government to take decisive action to put in place the supports that Canadians needed during the worst health crisis in a century. Our response to COVID was $511 billion invested in the lives, livelihoods, communities and provinces of this country. It kept people in their homes and in their jobs. While the other side is fighting itself over leadership, we are going to keep fighting for Canadians and affordability every day.
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  • Mar/31/22 2:36:21 p.m.
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Mr. Speaker, when it comes to something as serious as the nation's finances, it is important to separate partisan posturing from the facts. We have seen the partisan posturing; now for some facts. The fact is that the world's two leading rating agencies, S&P and Moody's, have reaffirmed Canada's AAA credit rating. Our economy grew again in January, and it is the eighth consecutive month of economic growth. That is prudent leadership and that is stewardship of the economy that all Canadians can be proud of.
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  • Mar/31/22 2:37:33 p.m.
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Mr. Speaker, here are the facts, and the facts are very clear. Canada's latest inflation rate was 5.7%. In the United States, it was 7.9%. Our inflation rate is lower than the G7 average of 5.8%, the G20 average of 6.2% and the OECD average of 7.2%. Members across the way can fight amongst themselves during their leadership race, but we are going to focus on supporting Canadians.
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  • Mar/31/22 2:38:31 p.m.
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Mr. Speaker, let us remember the facts and review history. Canada went into this crisis with a very solid financial position that made it possible for the government to invest in Canadians. We made investments of $511 billion in Canadians' lives, in communities, in businesses, in the province, in Quebec and across the country to alleviate and prevent the worst depression since the 1930s. There is leadership on this side; I am not sure what is on the other side.
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Mr. Speaker, we will wait another week to see all the great contents of budget 2022, but what I can do is use this opportunity to hold the Conservatives accountable for their own record on affordability. Let us get into it: we lowered the taxes for the middle class twice and raised them on the wealthiest 1%. What did the Conservatives do? They voted against it. We created the Canada child benefit and indexed it. What did the Conservatives do? They voted against it. We got tourism businesses all the way through omicron, and what did the Conservatives do? They voted against it. We will stand for Canadians and affordability, each and every day.
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